Dow Chemical Rises On Unusually High Volume (DOW)

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NEW YORK ( TheStreet) -- Dow Chemical (NYSE: DOW) is trading at unusually high volume Thursday with 16 million shares changing hands. It is currently at two times its average daily volume and trading up $1.80 (+5.6%) at $33.97 as of 3:45 p.m. ET.

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Dow Chemical has a market cap of $38.25 billion and is part of the basic materials sector and chemicals industry. Shares are down 0.5% year to date as of the close of trading on Wednesday.

The Dow Chemical Company manufactures and supplies chemical products used as raw materials in the manufacture of customer products and services worldwide. The company has a P/E ratio of 45.2, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Dow Chemical as a buy. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Dow Chemical Ratings Report.

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